Cyber Insurance Coverage Arbitration
Created on January 10, 2017
Commercial insurance companies are marketing cyber risk policies with messages such as, "Just about any organization that uses technology to do business faces cyber risk." In response to such risk, insurance companies are offering scores of "cyber" insurance products that get tweaked regularly and vary greatly in quality and terms. That lack of uniformity foretells coverage disputes – and litigation over insurance coverage for cyber claims began to emerge recently. Not all of the disputes, however, will reach the public eye as insurance companies have introduced arbitration provisions in their cyber policies. This session, led by Peter Halprin and Joshua Gold, explores a recent case highlighting the interplay between cyber insurance and arbitration, as well as what lawyers need to know about cyber insurance and arbitration.
Understand insurance responses to cyber claims including the products offered and the risks covered
Gain insight on coverage disputes regarding cyber claims
Identify how arbitration comes into play in these disputes and learn about a recent case involving the interplay of arbitration and cyber policies
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